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Stocks tend to be most volatile around earnings season, when a good or bad report can make or break it. [Read the full article] Coinstar's wholly owned subsidiary Redbox has now set its eyes on acquiring NCR Corporation's DVD rental business in a deal worth around $100 million. This acquisition, which is expected to be complete by the third quarter of this year, will give Coinstar access to NCR's 10,000 DVD rental kiosks, providing fuel for its top-line growth.Netflix killer?But that's not the end as far as its expansionary moves are concerned. Redbox, which has already eaten into its arch-rival Netflix's (Nasdaq: NFLX - News) share, is now preparing another challenge for the online video streaming giant. This time it has found an ally in Verizon (NYSE: VZ - News), through offering online video services to customers along with its existing rental services from kiosks. Reports suggest that Verizon will have a 65% share in this venture, which is being touted as a Netflix killer and goes online in the later half of the year. [Read the full article] Silicon Motion Technology Corp.(TM)s (NasdaqGS:SIMO - News) share price has entered into oversold territory with a stochastic value of 16.230. The Zacks Consensus Estimate on the company(TM)s earnings for year ending December 2012 increased by 17 cents over the past week to $1.40 per share. Silicon Motion Technology Corp is a Zacks #1 Rank (Strong Buy) company. [Read the full article] |





